Jeff Yastine will not talk about politics, he will talk about how cybersecurity can make you money. The investment in cybersecurity seems to be increasing everyday. Yastine has been writing about company stock prices for cybersecurity. The price of ETFMG Prime Cyber Security ETF hit $29 while Yastine was investing in it and then hit $34 gaining almost twenty percent during a six month time frame.
Jeff Yastine believes that by the year 2021 there will have been a trillion dollars spend on cybersecurity will allow the cost to keep increasing. Yastine studied journalism at the University of Florida. He moved to North Carolina’s Raleigh-Durham area to be a television reporter after graduation. He became anchor and national correspondent in Miami for the Nightly Business Report in 1993. Read this article at Seeking Alpha
Local, state and federal governments are are increasing spending on cybersecurity. The proposed government budget for 2019 has almost fifteen thousand dollars devoted to cybersecurity which means that there will be a fourteen percent increase if the budget passes. It is vital to have cybersecurity. The National Institute of Standards and Technology created the Cybersecurity Framework which is designed to secure federal computer systems.
Everyone that deals with the government will be effected by the new rules for security. Funding for government cybersecurity is not increased often. There are a number of states that do not spend a lot on cybersecurity, some have only increased it two percent per year while others do not increase it at all. There is a ten percent rise in spending or more by most companies when it comes to the annual budget for cybersecurity. Visit stockgumshoe.com to know more.
Secure Elections Act
The Senate introduced the Secure Elections Act will put almost four million dollars to a grant program for giving local election agencies cybersecurity guidelines. There are Democrats asking for a billion dollars for cybersecurity targeting elections. Know more: https://www.investmentu.com/investment-experts/jeff-yastine